Texas, particularly the Permian Basin, was driving global oil economics into the early 1970s until the U.S. met maximum output, giving way to OPEC. More than 40 years later, the U.S. is producing more than ever. Here’s the new world order: Move over, OPEC.

Already have an account? Log In

Thanks for reading Hart Energy.

Subscribe now to get unmatched coverage of the oil and gas industry’s entire landscape.

Get Access
Need more than one account? See Group Subscription options